Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
Sample monthly payment$10,000 at 7% APR for 10 years is approximately $100 (minimum 1% or $100 of the highest outstanding balance) Rates above are current as of the date posted above and are subject to change without notice. *Prime rate is 4.00%APR as of 03/16/17.